Risk, Fraud & Security

Hundreds of other alleged scammers of Chinese nationality were also arrested in separate operations in Myanmar and Laos.

PR exec Michael Terpin unsuccessfully sued AT&T for USD224mn after SIM swappers raided his cryptocurrency wallets, but was able to use his business skills to track down the culprits.

Arion Kurtaj began his criminal career of blackmail and fraud when he was 16. He trained an apprentice who is still too young to name.

Well-known Australian brands were impersonated by fraudsters who exploited a gap in the controls at Burst SMS, a comms provider based in Sydney.

A review of methods used by LAPSUS$ also stated a need for 'whole-of-society' programs to stop kids being tempted by cybercrime.

Ericsson hid the existence of an investigation into bribes paid to Islamic State for two years. 37 investors now want compensation.

Jio, Airtel and Vodafone Idea oppose Amazon's demand that TRAI impose a new definition of international SMS traffic.

Mobile malware is downloaded from a fake website. Spyware obtains data used to steal from the victim's bank account. Calls to the victim's bank are redirected to the gang's call center.

NCSU researchers extended their robocall honeypot by using machine learning to analyze what scammers tell victims to do. This led them to identify a wholly new way of protecting the public.

CodeB published an unorthodox article which appears to be a hypothetical story about an A2P SMS carrier and a bank.

Spying on the encrypted comms allowed police to subsequently seize or freeze almost a billion dollars' worth of cash and bank accounts.

Micode followed digital breadcrumbs that began with an SMS from a number reserved for M2M, took him via web servers and Telegram channels, to swindlers with a psychopathic lack of remorse.